These High-Yield Industrial REITs Have Long Track Records of Dividend Growth

Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties.

Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar to other REITs, industrial REITs are required to distribute a significant portion of their income to shareholders in the form of dividends.

If you're interested in investing in industrial REITs, here are two you could buy today.

  • Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
  • Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
  • Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Share Price: $0.80
Min. Investment: $1,000
Valuation: $3.5B

Stag Industrial

Stag Industrial STAG owns and operates 570 industrial properties in 41 states containing approximately 113 million square feet as of March 31. It counts Amazon and FedEx as two of its largest tenants.

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Stag pays a monthly dividend of $0.123333 per share, equating to an annualized dividend of $1.48 per share, which gives its stock a yield of about 4.2% at the time of this writing. 

On top of offering a high yield, Stag is a dividend-growth superstar. It has raised its annual dividend every year since its 2011 initial public offering, putting it on pace for 2024 to mark the 13th consecutive year in which it has raised its annual dividend payment.

Terreno Realty Corporation

Terreno Realty Corporation TRNO owns and manages a portfolio of 290 industrial properties containing approximately 17.4 million square feet across six major coastal U.S. markets – Seattle, the San Francisco Bay Area, Los Angeles, Miami, Washington D.C., and Northern New Jersey / New York City.

Terreno currently pays a quarterly dividend of $0.45 per share, equating to an annualized dividend of $1.80 per share, which gives its stock a yield of about 3.2% at the time of this writing. 

Like Stag, Terreno is a dividend-growth superstar. It has raised its dividend every year since paying its first dividend in 2011, putting it on track for 2024 to mark the 13th consecutive year with an increase.

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